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<a href="http://www.accessmylibrary.com/article-1G1-76665294/uk-ministry-clears-bank.html" title="Facts and information about UK ministry clears Bank of Scotland-Halifax deal.">UK ministry clears Bank of Scotland-Halifax deal.</a>
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UK ministry clears Bank of Scotland-Halifax deal.
Patricia Hewitt, the U.K. trade and industry minister, Thursday cleared the proposed [pound]10.1 billion ($14.3 billion) merger between Bank of Scotland and Halifax plc. Hewitt, in a statement, said the combination may "strengthen the competitive pressure" on the so-called big four U.K. banks: HSBC Holdings plc, Royal Bank of Scotland Group plc, Barclays plc and Lloyds TSB Group plc. Hewitt …
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